Law

Minneapolis Star Tribune Files for Bankruptcy Protection After Ads Decline The Minneapolis Star Tribune sought bankruptcy protection amid falling newspaper advertising sales, less than two years after being bought by private-equity firm Avista Capital Partners.

Madoff's `Street-Smart' Aide Frank DiPascali Was Go-To Guy for Investors Frank DiPascali Jr. joined Bernard Madoff’s firm a year after graduating from a Catholic high school in Queens, New York. Over a 33-year career, he rose through the ranks, eventually calling himself chief financial officer.

Dreier Used $380 Million Funds for Firm, Artwork, Investments, Lawyer Says Marc Dreier, the New York lawyer accused of cheating hedge funds, lost part of the $380 million that prosecutors say he stole in failed investments and used the rest to repay the funds, cover his firm’s expenses and buy property, he said.

U.K. Regulator Said to Investigate Madoff `Feeder Funds,' Custodian Banks Britain’s financial regulator is examining the involvement of so-called feeder funds in the alleged $50 billion fraud by Bernard Madoff, according to two people with knowledge of the case.

Washington Readies 42,500-Strong Security Force to Handle Inaugural Crowds When senior FBI official Joseph Persichini takes his 5 a.m. jog down Washington’s National Mall, he imagines everything that could go wrong at Barack Obama’s inaugural next week.

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